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☆ Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says
▼ + stars: | 2024-02-12 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. DUBAI, United Arab Emirates — The head of the International Monetary Fund warned the Russian economy is still facing significant head winds despite receiving a recent growth upgrade by the Washington-based institution. Russia's economy has proven to be surprisingly resilient amid waves of Western sanctions in the nearly two years since it launched its full-scale invasion of Ukraine. Despite this, IMF Managing Director Kristalina Georgieva sees more trouble ahead for the country of roughly 145 million. "What it tells us is that this is a war economy in which the state — which let's remember, had a very sizeable buffer, built over many years of fiscal discipline — is investing in this war economy.

Persons: Kristalina Georgieva, CNBC's Dan Murphy, Georgieva, Vladimir Putin Organizations: International Monetary Fund, IMF, United Arab Emirates, World Governments, Defense, Reuters Locations: DUBAI, United Arab, Russian, Washington, Ukraine, Dubai, Russia, Soviet Union

☆ The Russian economy is in for very tough times, IMF's Kristalina Georgieva says
▼ + stars: | 2024-02-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Russian economy is in for very tough times, IMF's Kristalina Georgieva saysKristalina Georgieva, managing director at the IMF, says the Russian economy is in for very tough times, after President Vladimir Putin's recent attempt to justify the war in Ukraine.

Persons: IMF's Kristalina Georgieva, Kristalina Georgieva, Vladimir Putin's Organizations: IMF Locations: Russian, Ukraine

In the past, leading opposition figures in Putin’s Russia who stood up to him and who questioned his authority have tended to be dealt with harshly. Life in Putin's Russia View All 14 ImagesThe liberal Boris Nemtsov was killed, for instance, in 2015 outside the Kremlin (supposedly by agents linked to Putin’s FSB). He needs the election to be seen as “clean” as a means of cementing his legacy as Russian state leader. As leader, Putin has regularly been recorded as enjoying popular support. While Putin does appear now to enjoy a high degree of popularity in Russia (albeit largely media-engineered), this may not last.

Persons: Rod Thornton, Vladimir Putin, Putin, Tsar Peter the Great, Nikolai Kharitonov, Putin –, Yekaterina Duntsova, Boris Nemtsov, Alexei Navalny, Mikhail Khodorkovsky, –, Alexander Lukashenko Organizations: Communist, Kremlin, St, International Studies , Defense, Security, King's College Locations: Russia, Soviet, Ukraine, Putin’s Russia, Siberia, Navalny, London, Russian, Moscow, St Petersburg

☆ China’s Xi calls for stronger ‘strategic coordination’ with Russia in Lunar New Year call with Putin
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

Xi told Putin the two sides should “strengthen strategic coordination” and “safeguard the national sovereignty, security and development interests of their respective countries,” according to a readout from China’s Foreign Ministry. Looking to the future, China-Russia relations face new development opportunities,” Xi told Putin during their call. “Vladimir Putin and Xi Jinping specifically stressed that close Russia-China interaction is an important stabilizing factor in world affairs,” the Kremlin readout said. Thursday’s phone conversation between Xi and Putin took place as the two countries celebrate 75 years of diplomatic relations this year. Last year, Xi made his symbolically significant first foreign trip of his third term as president to Moscow last March.

Persons: Xi Jinping, Vladimir Putin, Xi, Putin, “, ” Xi, ’, ”, “ Vladimir Putin, Tucker Carlson, ” Putin, Carlson Organizations: Hong Kong CNN, Russia, Foreign Ministry, United Nations, Shanghai Cooperation Organization, SCO Locations: China, Hong Kong, United States, Western, Ukraine, Russia, Kremlin, “, Israel, Gaza, ” Beijing, Beijing, Moscow, United

☆ Russia's wartime economy is flush with resources and is weathering Western sanctions, European economist says
▼ + stars: | 2024-02-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Economists have said Russia's economy is in rapid decline, evidenced by the plunge in the ruble and soaring inflation. Russia's only problem appears to be its worker shortage, Santi says. AdvertisementEconomists are divided over whether Western sanctions have successfully crimped Russia's economy, or if Moscow has managed to sidestep most of the consequences. Russia, for its part, has put up a show of defiance against Western sanctions, with Putin repeatedly emphasizing the resilience of the economy. In January, the Kremlin's budget deficit was five times smaller than it was last year, Russia's finance ministry said on Wednesday.

Persons: —, Michael Santi, Santi, Putin Organizations: Service, Business, Gallup, Bloomberg, Carnegie Endowment Locations: Moscow, Ukraine, European, Russia, Switzerland, Armenia, Serbia, Kazakhstan, Europe

☆ Russia boasts it is beating sanctions, but its longer-term prospects are bleak
▼ + stars: | 2024-01-29 | by ( Tim Lister | ) edition.cnn.com time to read: +14 min

Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.

Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, “, ”, SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, —, Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, “, Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing

☆ The CIA is posting videos to persuade Russians to betray their leaders — and says it's working
▼ + stars: | 2024-01-23 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewThe CIA released a new video appealing to disaffected Russians who might pass secrets on to the spy agency — a tactic it says is already bearing fruit. The tactic is working, a CIA spokesperson claimed. "We are seeing more outreach from Russians as a result of these videos," the unnamed spokesperson told NBC News. The CIA has a dedicated Russian-language channel to encourage informants, with 13,500 followers there — a minuscule fraction of the Russian population. AdvertisementThe CIA has argued that such tensions stemming from the war in Ukraine bring opportunity to encourage recruits.

Persons: —, Boris Nadezhdin — Organizations: Service, CIA, Business, NBC, Moscow Times Locations: Russia, Ukraine, Soviet, Russian

☆ Apple has paid a $13 million fine that will go directly into Russia's state budget as Putin ramps up war spending, report says
▼ + stars: | 2024-01-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Apple has paid a $13 million Russian fine over alleged illegal app store practices, per the FT. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementApple has reportedly paid a $13 million Russian fine as President Vladimir Putin escalates his crackdown on foreign tech firms. Like many other Western companies, Apple has largely abandoned Russia since Putin launched an invasion of Ukraine in February 2022, though it still operates its app store in the country. However, the war has left the Russian economy struggling with spiraling food prices and a shortage of workers .

Persons: —, Vladimir Putin, Putin, Russia's Organizations: Apple, Google, Service, FAS, Financial Times, Big Tech, Business Locations: Russia, Ukraine, Ukrainian, Russian

☆ West Stands to Lose at Least $288 Billion in Assets if Russian Assets Seized -RIA
▼ + stars: | 2024-01-21 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Russia's state RIA news agency said on Sunday it had calculated that the West stood to lose assets and investments worth at least $288 billion if it confiscated frozen Russian assets to help rebuild Ukraine and Moscow then retaliated. After President Vladimir Putin sent forces into Ukraine in February 2022, the U.S. and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. It said EU nations held $223.3 billion of the assets, of which $98.3 billion was formally held by Cyprus, $50.1 billion by the Netherlands and $17.3 billion by Germany. It said the top five European investors in the Russian economy also included France with assets and investments worth $16.6 billion and Italy with $12.9 billion. It said the United States had $9.6 billion worth of Russian assets at the end of 2022, Japan $4.6 billion and Canada $2.9 billion.

Persons: Vladimir Putin, RIA, Andrew Osborn, Mark Heinrich Organizations: Reuters, Seven, Kremlin, European Union, RIA Locations: Ukraine, Moscow, U.S, West ., Belgium, Russia, Europe, Australia, Switzerland, Russian, Cyprus, Netherlands, Germany, France, Italy, Britain, United States, Japan, Canada, Norway

☆ Putin's social media ban cost Russia's economy more than $4 billion last year
▼ + stars: | 2024-01-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Russia lost over $4 billion last year from internet disruptions, a new report says. Those losses are partly fueled by Russia's aggressive bans on Western social media sites. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPutin's social media ban was partly responsible for costing the Russian economy billions of dollars in 2023, a new report says. Russia began limiting access to Western social media platforms like Facebook and X in the weeks after it began its invasion of Ukraine in 2022.

Persons: — Organizations: Service, Business Locations: Russia, Ukraine

☆ Russia's economy faces 3 obstacles to further growth as capital, industry, and its population wither, researcher says
▼ + stars: | 2023-12-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Russia's economy could end up looking a lot like it did in the Cold War, a researcher writes. Russia's population fell by around 3 million from 2017 to 2022. The drop in population has bred a number of problems for Russia's economy as it shifts to a wartime footing, including a record shortage of workers. All that points to great difficulty faced by Russia's economy, he added. Other economists have sounded similar warnings for Russia's economy, though the nation itself has insisted on its resilience over the past year-and-a-half.

Persons: —, Vladislav Inozemtsev, Inozemtsev, Imnozemtsev Organizations: Service, Middle East Media Research, Kremlin, International Monetary Fund Locations: Russia, Ukraine, China, Moscow

☆ Putin Has Staked Russia’s Resources on Victory in Ukraine. Can the West Match Him?
▼ + stars: | 2023-11-27 | by ( Marcus Walker | ) www.wsj.com time to read: 1 min

KYIV, Ukraine—As Russia’s war against Ukraine approaches its third year, Moscow holds the advantage on the military, political and economic fronts. Russia has far more men to replenish its battered army than the Ukrainians, who are running short of well-trained infantry. President Vladimir Putin is militarizing the Russian economy, using strong oil revenues to pay for rising weapons production. Meanwhile, political paralysis in the U.S. and Europe is threatening the supply of arms and money that Ukrainian survival depends on.

Persons: Vladimir Putin Organizations: Ukraine Locations: KYIV, Ukraine, Moscow, Russia, Russian, U.S, Europe

☆ Russia is wrestling with a labor crisis — and is making it even worse by sending highly-skilled workers to war
▼ + stars: | 2023-11-27 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

But contradictory policies are worsening the situation, a think tank said. Russia is deterring potential workers by trying to send them to fight in Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is wrestling with a labor crisis — but making it even worse by sending highly-skilled workers to war, a think tank said. AdvertisementRussia has experienced steep casualty rates in Ukraine, with reports saying that it's lost around 300,000 soldiers.

Persons: —, Vyacheslav Volodin, Vladimir Putin, they'd, it's Organizations: Service, RFE, European Council Locations: Russia, Ukraine, Washington, DC, Central

MOSCOW (AP) — The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets feel empty. The bank now forecasts inflation for the full year, as well as next year, to be about 7.5%. Maxim Blant, a Russian economy analyst based in Latvia, sees that as an indication that prices will continue to rise sharply. That keeps the cost of imports high, even as import possibilities shrink due to Western sanctions.

Persons: weathers, can’t, Roxana Gheltkova, Lilya Tsarkova, “, Rosstat, Maxim Blant, that's Organizations: MOSCOW, Central Bank, Associated Press, U.S Locations: Moscow, Ukraine, Russian, Latvia

☆ The Russian economy is in bad shape, no matter what the Kremlin says: Russian economist
▼ + stars: | 2023-11-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The "real situation" in Russia's economy is bad, Russian economist Igor Lipsits told Reuters. AdvertisementThe Kremlin has been painting a rosy picture of the country's economy even amid a swathe of Western sanctions — but "the real situation is bad," Igor Lipsits, a prominent Russian economist, told Reuters. Official rosy pronouncements on the Russian economy are not a good gauge of how the Russian economy is doing because authorities are just trying to make the Kremlin happy, Lipsits added. "A large part of the Russian population have very low wages," Lipsits told the news agency. Lipsits told Reuters he expects economic stagnation — at the very least — and a serious slump after the country's presidential election in March.

Persons: Igor Lipsits, —, Lipsits, Vladimir Putin Organizations: Reuters, Service, Business, HSE University Locations: Russian, Ukraine, Russia

☆ It’s Time to End Magical Thinking About Russia’s Defeat
▼ + stars: | 2023-11-16 | by ( Eugene Rumer | Andrew S. Weiss | ) www.wsj.com time to read: +1 min

Russian President Vladimir Putin at a National Unity Day ceremony in Moscow, Nov. 4. Almost two years after Russia’s invasion of Ukraine, Putin has reason to believe time is on his side. As Russian President Vladimir Putin looks toward the second anniversary of his all-out assault on Ukraine, his self-confidence is hard to miss. Putin has reason to believe that time is on his side. Popular support for the war remains solid, and elite backing for Putin has not fractured.

Persons: Vladimir Putin, Putin, Donald Trump, Putin’s, Yevgeny Prigozhin ’ Organizations: Ukraine, Republican Locations: Moscow, Ukraine, U.S, Russia, tatters

☆ In wartime Russia, soaring prices bite as election looms
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +5 min

When she goes through the snow to the shops, she inspects the prices to search for bargains. Prices for disposable nappies and baby food have at least doubled, she said. While many families across the world are grappling with price rises, the peculiarities of Russia's wartime economy have spurred high inflation for millions of Russian voters ahead of the 2024 election. Putin is expected to run in next year's election, a move that would keep him in power until least 2030. Igor Lipits, a Russian economist, said official Russian data on levels of poverty were poor - as was the overall picture for the Russian economy - despite often rosy announcements aimed at pleasing the Kremlin leadership.

Persons: Sergei, Stepanova, Vladimir Putin, Putin, Igor Lipits, Lipits, Lyudmila, Guy Faulconbridge, Alexandra Hudson Organizations: West, Reuters, U.S, stoke, Monetary Fund, Central Bank, Alexandra Hudson Our, Thomson Locations: SREDNEURALSK, Russia, Ukraine, Stepanova, Sredneuralsk, Lake Iset, Yekaterinburg, Moscow, United States, Russian, St Petersburg

LONDON (AP) — Russia's State Duma took a step forward Wednesday towards approving its biggest-ever federal budget which will increase spending by around 25% in 2024, with record amounts going on defense. Part of the Russian budget is secret as the Kremlin tries to conceal its military plans and sidestep scrutiny of its war in Ukraine. Analysts suggest Russia is in third place globally for defense spending behind China and the United States, which spends around $850 billion a year. The main driver of that growth is Russia's war in Ukraine, which is now as important to the Kremlin economically as it is politically. If there is a reduction in military spending, or a need to reduce spending which impacts living standards, it could send shockwaves through the Russian economy and significantly impact ordinary people.

Persons: Vladimir Putin, ”, Richard Connolly, Farida Rustamova, Maksim Tovkaylo, Alexandra Prokopenko, Anton Siluanov, “, Connolly, they’ve, ” Prokopenko, Prokopenko, — — David McHugh Organizations: —, Duma, Kremlin, Royal United Services Institute, Independent, Carnegie Russia Eurasia Center, Russian Central Bank, Finance, Defense, Central Bank Locations: — Russia's, Russia, Ukraine, London, China, United States, Russian, West, India, Berlin, Frankfurt

This means there are practically no workers left in the economy, the situation with personnel is really very acute," Nabiullina said. "For further growth of the Russian economy, increased labour productivity is needed." Inflation pressure peaked in the third quarter of this year, Nabiullina said, but annual inflation will only start decreasing next spring. The central bank's forecasts suggest that reaching the 4% target by end-2024 will be a tough ask. Nabiullina said another rate hike may be required before the bank can start reducing borrowing costs again.

Persons: Central Bank Governor Elvira Nabiullina, Nabiullina, Yevgeny Prigozhin, Prigozhin, Elena Fabrichnaya, Alexander Marrow, Alison Williams, Gareth Jones Organizations: Central Bank Governor, State Duma, Thomson Locations: Russia, Ukraine MOSCOW, Moscow, Ukraine, State, Russian, London

☆ Russia says it's no longer scared of western sanctions – but its economy is still under pressure
▼ + stars: | 2023-11-09 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Russia is no longer scared of western sanctions, a Kremlin spokesperson said last week. There are signs the economy is resilient, with growth holding firm and total wealth increasing in 2022. But western embargoes are still affecting Russia, as exports plunge and the ruble craters. Russia has also got richer despite the war with Ukraine, according to the UBS Global Wealth Report. However, those top-line figures don't mean sanctions aren't working – or that Russia's economy is in rude health.

Persons: —, Dmitry Peskov shrugged, that's, Vladimir Putin's Organizations: Kremlin, Service, International Monetary Fund, UBS Global Wealth, Bank of Locations: Russia, Ukraine, Moscow, Swiss, Bank of Russia

"The decision has been made - he will run," said one of the sources who has knowledge of planning. Three other sources said the decision had been made: Putin will run. A foreign diplomatic source, who also requested anonymity, said Putin made the decision recently and that the announcement would come soon. Peskov said in September that if Putin decided to run, then no one would be able to compete with him. "Russia is facing the combined might of the West so major change would not be expedient," one of the sources said.

Persons: Vladimir Putin, Kuzma Minin, Dmitry Pozharsky, Mikhail Metzel, Putin, Boris Yeltsin, Josef Stalin, Leonid Brezhnev's, Dmitry Peskov, Peskov, Mikhail Gorbachev grappled, Yevgeny Prigozhin, Prigozhin, Alexei Navalny, Oleg Orlov, Guy Faulconbridge Organizations: Unity, Sputnik, Kremlin, Reuters, Kommersant, West ., KGB, Soviet, Cuban Missile, West, NATO, China, European Union, Thomson Locations: Red, Moscow, Russia, MOSCOW, West . RUSSIA, Soviet Union, Ukraine, United States, European, Soviet Russia, Afghanistan

☆ Russia is putting its entire economy at risk to fuel its war 'above all else,' UK intel says
▼ + stars: | 2023-11-06 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Russia is putting its economy at risk to fuel its grinding war with Ukraine, UK intelligence said. The Russian economy "is likely at risk of overheating," said UK's Ministry of Defense. Higher inflation could "increase the costs of funding Russia's war in Ukraine," the agency said. "Higher inflation is almost certain to increase the costs of funding Russia's war in Ukraine," British intelligence said. This further illustrates the reorientation of Russia's economy to fuel the war above all else," British intelligence said.

Persons: — Organizations: UK's Ministry of Defense, Service Locations: Russia, Ukraine, Russian

☆ Russia's weaker hand undermines case for Power of Siberia 2 gas link to China
▼ + stars: | 2023-10-30 | by ( Vladimir Soldatkin | ) www.reuters.com time to read: +6 min

Russia currently exports gas to China through the Power of Siberia 1 pipeline, which began operating in 2019 and runs through eastern Siberia into China's northeastern Heilongjiang province. Moscow has not said how much the 2,600 km (1,616 miles) Power of Siberia-2 would cost or how it would be financed. Russia aims to increase supplies via Power of Siberia 1 to 38 bcm annually by 2025. If the plans for Power of Siberia 2 and another link from Russia's far eastern island of Sakhalin come to fruition, Russia's pipeline gas exports to China would rise to almost 100 bcm per year by 2030. "This fact will require CNPC to build on its own all the necessary gas transportation infrastructure in China," Kondratov wrote.

Persons: Maxim, Xi Jinping, Vladimir Putin, Dmitry Kondratov, Kondratov, Sergey Vakulenko, Vakulenko, Viktoria Abramchenko, Andrew Hayley, Chen Aizhu, Oksana Kobzeva, Mark Trevelyan, Susan Fenton Organizations: REUTERS, Russia, East, Power, Gazprom, Economics, Russian Academy of Science, Carnegie Endowment, International, Soyuz, Thomson Locations: Siberia, Svobodny, Amur, Russia, East Power, Turkmenistan, MOSCOW, China, Europe, Yamal, Mongolia, Baltic, Moscow, Ukraine, Beijing, China's, Heilongjiang, Russian, Power, Russia's, Sakhalin, That's, Nord, Turkey, Japan, United States, Qatar, Australia, Singapore

Noticeably missing from the line-up was China’s own defense minister. China would continue to “deepen strategic coordination” with Russia’s military, and it was willing, Zhang added, to develop China-US military relations. Security coordination between China and Russia has tightened in recent years amid rising tensions between each with the US and its allies. The security forum also comes as the US and China are attempting to navigate their contentious relationship that includes frictions over Taiwan and Beijing’s aggression in the South China Sea. Its officials have declined American outreach for high level meetings, in what was widely seen as a protest against sanctions Washington placed on former defense minister Li in 2018, prior to his time as defense minister, for weapons purchases from Russia.

Persons: Sergei Shoigu, Li Shangfu, Xi Jinping, –, Zhang Youxia, ” Zhang, Xi’s, ”, Zhang, Russia’s Shoigu, Shoigu, ” Shoigu, Vladimir Putin, Xi, Joe Biden, Nancy Pelosi, Li, Wu Qian, ” Wu Organizations: CNN, Russian, Communist Party, Central Military, Global Security, Beijing, Washington, US, Xanthi, Defense Locations: China, Beijing, Moscow, United States, US, Israel, Russia, Ukraine, Washington, South, Taiwan, Palestine, Asia, Pacific, South China, Xanthi Carras

☆ Russian war economy is overheating on a powder keg
▼ + stars: | 2023-10-25 | by ( Pierre Briancon | ) www.reuters.com time to read: +8 min

LONDON, Oct 25 (Reuters Breakingviews) - His war on Ukraine may not be unfolding according to plan, but President Vladimir Putin can still claim that the Russian economy is performing, as he says, “better than previously expected”. This kind of understatement is unusual for the Kremlin leader: with a tight labour market and inflation showing no signs of abating, the Russian economy is in fact overheating. And these are conservative numbers, because other types of war spending – such as new construction in the occupied territories – are hidden in other sections of the budget. The Russian currency is down 30% since its January high. Follow @pierrebri on XCONTEXT NEWSThe Russian economy will grow by 2.2% in 2023, the International Monetary Fund said in its October World Economic Outlook.

Persons: Vladimir Putin, “, Putin, Alexandra Prokopenko, Yevgeny Prigozhin, Wagner, Francesco Guerrera, Streisand Neto, Thomas Shum Organizations: Reuters, Kremlin, International Monetary, Bank of Russia, Reuters Graphics Reuters, Bank of, Danone, Carlsberg, International Monetary Fund, Thomson Locations: Ukraine, Russian, Russia, –, Moscow, Europe, Lithuania, microchips, Kazakhstan, Bank of Russia, United States, China, U.S, Beijing

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